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Regulating AI

Europe is moving to set standards

artificial intelligence, AI
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Business Standard Editorial Comment

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A committee of the European Parliament has cleared a draft of the artificial intelligence (AI) law to be discussed and put to the vote at a forthcoming session. The final details may change before it is passed. The proposed Act will not only set standards for how AI is deployed within the European Union (EU), but also apply to any entity that serves EU residents in the same way as the EU’s General Data Protection Regulation (GDPR). Like the GDPR, as legislation serving the world’s largest economic bloc, the AI Act would set benchmarks for legislation elsewhere. Quite a few

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